[closed captioning made possible by cbs sports possible by cbs sports division] [the captioning on this program is provided as an independent service of the national captioning institute, inc., which is solely responsible for the accurate and complete transcription of program content. cbs, its parent and affiliated companies, and their respective agents and divisions are not responsible for the accuracy or completeness of any transcription or for any errors transcription or for any errors in transcription.] jim: a hopper to mccann. back tracking and paying for it. just a four-yard return. for those of you expecting to see "60 minutes," you're watching the nfl on cbs. the game between the packers and the raiders, jim nantz, phil simms here. "60 minutes" will be seen in its entirety immediately after the game except on the west coast where it will be seen at its regularly scheduled time.

lambeau field, where the packers jumped on the raiders early and haven't let up. outside. that's bush picking up eight. this matchup between the participants in super bowl ii. where bart star won the m.v.p. for the second sective year. super bowls i and ii. phil: jarrett bush -- michael bush, that was a good game by us. what did he telled us yesterday me? plays fantasy football. jim says, whose your running back? he says, of course, it's me. jim: got a first down.

this super bowl ii, don chandler, like crosby today, had four field goalless. the mad bomber, number three, to bill miller for a touchdown, closed the gap to 13-7 but green bay goes on to win it 33-14. halves the last game ever coached by vince lombardi for the packers. phil: you don't realize how tall he is until you see him in person. jim: the broncos have gotten the ball back against chicago because on one of the plays where you think the bears will run it out, they've got pushed out of bounds and stopped the clock. always interesting things happening.

we're going to be out at denver next week for new england and the broncos. looking forward to that. phil: it will be interesting, too. the new england defense again struggled mightily in that game against the washington redskins. jim: the patriots end up winning it to go to 10-3 on the year. gronkowski with another huge performance. and now palmer wearing the number. to bush, we've got the update on the tebow story and here we go to new york. james: the tebow stories are, he drives his team into field goal range. dan: it's tebow time. prayeder, field goal, 59 yards and it's good to tie the game at 10-10. james: tebow with 3-5, 39 yards on the drive. and we are now going to o.t. back to jim and phil. jim: i have to say -- my

partner called it. that is incomplete. at 10-0 with 4:00 to go, you sit and watch. phil: if the chicago bears ran out of bounds, i don't know what to tell you. i don't want to say you deserve to lose but you can't make those kind of mistakes. especially the way you're playing with a backup quarterback and all that. hey, you make a mistake, it's up to the other team to take advantage of it, too. [whistle] jim: a time-out there and a time-out here by the raiders. ♪ [ male announcer ] there are over half a million apps and counting on the iphone. apps that can take you anywhere and do anything. you might say there's no limit to what this amazing device can do. so the question to ask is -- why would anyone want to limit the iphone?

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jim: the brats up here, you know that's part of the deal. i've seen a couple come your way. phil: no. darrius heyward-bey going in. i'm not going to lie. i had one. jim: got to have one. phil: yeah. it's a tradition.

jim: third and 5. and well defended. peprah colliding with murphy who is still down. phil: it was a blitz by the packers defense. carson palmer has to get rid of it quick. louis murphy not able to protect himself. jim: now lechler, a boomer. it hits at the 6. side belt, never -- did it touch the end of the line? i think they're inches.

71 yards, mccann downs it. another head shaker for another head shaker for lechler. fore! no matter what small business you are in, managing expenses seems to... get in the way. not anymore. ink, the small business card from chase introduces jot an on-the-go expense app made exclusively for ink customers. custom categorize your expenses anywhere. save time and get back to what you love. the latest innovation. only for ink customers. learn more at chase.com/ink we're going to head on hi, plinto the interview. mark . . . mark . . . mark, how are you feeling sitting up there right now? a little bit shocked.

mark, what do you think ford is doing right? well the technology of the ecoboost is what they've done absolutely right. did you have to trade in power for fuel economy? absolutely not, for the fuel economy and the power ... it's an amazing amount of power but to be honest, i find the omega choices overwhelming. which one is right for me? then i found new pronutrients omega-3. it's from centrum, a name i trust. it goes beyond my heart to support my brain and eyes too. and these ultra-concentrated minigels are much smaller than many others. it's part of a whole new line of supplements. there's probiotic and fruit & veggie too. new pronutrients from centrum helps make nutrition possible.

jim: back ant packers are just inches inside the end zone. spotted closer to the 1. that was a 71-yard punt by lechler. no gain on kuhn. i mentioned three of the last four, including this one, for green bay home games have put this 12-0 together with seven of them coming on the road before today. at kansas city, and then the play at christmas night against chicago and january 1, detroit. they'll have played this year on thanksgiving, christmas and new year's day. and maybe super bowl sunday. phil: that's right.

maybe. but there are going to be a lot of discussions going forward about this green bay team. after today of course 13-0. jim: where do you go with that and how do you handle it? we talked to mccarthy about it. what are you going to do, if you -- once you start locking everything up? already had the division coming in. going to have a home game now as of today. when you get that one seed, what are you going to do when you get to that last week and you've got maybe detroit coming here fighting for a wild card? phil: i think, jim, you have to wait until the situation comes up before you can defintively say what you're going to do. and there's many circumstances, mike mccarthy has more information than anybody else. he'll make the decision that he thinks, of course, is best for his football team. jim: third and 5. it's a safety. it's mcclain that comes in and drops flynn for the two.

phil: right up the middle, a blitz. and looks like it could be a blown assignment. it must be ryan grant's has the middle linebacker but hard for him to get around the quarterback to get in position to do it. that's what happens when you're underneath the center and you get those inside blitzes. the running back cannot help you in blitz pickup. jim: mcclain's second sack of the day which matches his season total coming in. put two points on the board for the raiders with 11 minutes to go. matt flynn, who will be a free agent at the end of the season, and he played exceptionally well when he started last year at new england. that was the last game the packers lost. and it was a nail biter. flynn almost leading them to victory. phil: you think back, you always got to be fortunate to

have playoff runs. the packers had to have that miracle finish by the philadelphia eagles to beat the giants that gave them a chance to run the table and get to the playoffs. jim: so masthay, it's a live ball. the raiders ran past it. and cartwright has it at the 23. it was actually -- that game against new england, 357 days ago. the last time the packers lost, back and forth they went. hernandez throwing that touchdown. that was the last play of the game right there. the patriots won it 31-27. phil: a lot of -- jim: this is, again, just virtually every graphic you put up has some sort of record attached to it. so 19 puts them second alone. they break out of that

seven-way tie for the longest streak ever that includes the 33--- 1933-1934 bears. nine-yard pass play to bush. so the patriots' all-time record, two games in sight. they could tie it on christmas and they could surpass it on new year's day if they win out. phil: i'm like mike mccarthy. i'm out of words. what else do you say about it? it's spectacular. and they're going to answer a few questions, knot i know the raiders are not clicking on the offensive side. [whistle] jim: that's reece spinning ahead for about four. phil: good performance by this green bay defense here today. tackled well, hustled.

jim: like to welcome the audience joining us, watching buffalo and san diego. the chargers winning a seve had not straight game. that's bush of the raiders up to the 41. a thumping here put on by the packers. second down and 4 and bush, he's got a first down. we've got an update. james brown.

james: denver, boys, going they're way? dan: barber runs through the middle but then fumbles and denver picks up the fumble. denver driving in overtime. james: we'll keep you updated, jim and phil. jim: barber fumbling as the bears had won the toss and were in field goal range. heyward-bey coming back out. it's a funny thing that's happening out there. just effects everybody. phil: yeah. the raiders are going to go on the plain, if the denver broncos win the game, they're going to go, oh, my gosh. how did they win? jim: cartwright's in the backfield for the raiders.

he's got six. arizona has taken down the 49ers today. so green bay at 13-0 with this win. cowboys and giants tangling tonight. second down, pass play incomplete. murphy wanted a flag. woodson doesn't get it. inside the nfl coming your way wednesday night. more than 30 years, the must-see show that the pros watch. there they are. warren, j.b., chris and phil. wednesday's show time, don't miss it. by the way, with the san francisco losing and the three-game lead, three games to

play, green bay has not officially clinched the number one seed yet. third and 5 for oakland. and coming in is zombo. what a pli by the second year man out of central michigan. phil: it is. they're not just going to sit back here and let the raiders march up and down the field. again, two guys coming from carson palmer's left, on the blitz, zone -- zombo and shields. jim: zombo has been battling injuries all year long. that was an impressive play. seven-yard sack. fourth down and 12. that's a catch by murphy. hands in there, but he fought for it. picks up 17 and a first. phil: nice throw by carson

palmer. right down the middle of the field. zombo has him when he goes vertical but a nice cut across, going straight across the field, just enough to create a little separation for louis murphy. [whistle] jim: a flag down at the line of scrimmage. referee: time-out green bay. first team time-out. jim: time-out called by green jim: time-out called by green bay. ok look, when gas prices jump... you still gotta work. so suddenly you're cutting back on everything from family vacations to cell phone minutes. well here's a thought-how 'bout cuttin' back-on gas? here's how: the ford f-150. it gets 23 highway miles per gallon. that's the best. so you can get the job doand get a break at the pump. yeah, can you hear me now? this is the future. this is the ford f-150.

jim: we're back with the raiders on the field. raiders offense, that is. at the 25. first down. palmer looking for options. and a flag is thrown. he completes the pass to david ausberry.

phil: probably going to be illegal touching. referee: illegal touching, from the forward pass, number 86 offense, player came out of bounds, came back inbounds. jim: james brown. james: you know what happened in denver. do you believe? because i do. dan: matt prader, 51 yards in overtime. denver wins. james: so that victory, saints have clinched the playoff berth with that chicago loss. back to jim and phil. jim: all right, guys. that was 10-0 chicago with about 4:00 to go. tebow drives them down the field, 10-7. then you think, chicago running out the clock. they run out of bounds otherwise they would have had it. murphy tiptoeing around and he's out of bounds at the 7. but prader hits a 51 to win it.

next week, new england at denver in your national double header game. phil: i'm going to go out on a limb here, it will not be 13-10 next week. what do you think? jim: might be a few more points on the board but i know one thing, that's going to be one of the all-time hard tickets to get in denver. first and goal, raiders. has about a yoo yard. here's the lineup next week. double header day begins with regional action and then at 4:15, most of you will see new england and denver, going to 80% of the country. jets-philadelphia, cleveland-arizona to other parts. all beginning at noon eastern with "the nfl today" presented by southwest airlines. two divisional leaders. brade and tebow next week on cbs.

second and goal and palmer to boss, touchdown oakland. phil: what a nice job by carson palmer. just staying in the pocket. not panicking. the defense covers the crossers, going right and left. nobody to throw it to. and finally kevin boss releases from his blocking assignment. gets a touchdown out of it. jim: janikowski and that's now 16 for the day for the raiders. boss' second touchdown of the year. caught one from lechler, now one from palmer. early headlines, the texans are headed to the playoffs for the first time in franchise

history. yates drives them down and they get to taste the postseason. patriots outlast the red skins. gronkowski sets tight end touchdown record for a single season and they romp past the chiefs today. but the jets by the way, as you look at the a.f.c. playoff picture, jim leonard injured, while making an interception, a knee injury. he's going to be lost for the remainder of the year. the starting safety for the jetses. phil: that's a big deal for the jets because their safeties, they -- their safety's in charge of everybody else. we all know, a very complex defense. the raiders like last week getting some late points. jim: that denver win, really costly for the likes of san diego. and then you got the raiders

who don't play them again. phil: yeah, costly against the raiders because they don't win m.i.a. many tie-breakers, if even they end up tied. jim: flynn will come out to the 20. here's the lineup. tonight on cbs begins with "60 minutes" and president obama. that will be followed by the season finale of "the amazing race." plus all new "the good wife," csi miami d, tonight, only cbs. america's number one network. kuhn getting a heavy workout here in the second half. adds three yards to his total.

nine carries for 38. here are the current n.f.c. playoff standings if you will. what do you see here that sticks out? new orleans, as j.b. mentioned, is in the playoffs by virtue of the chicago loss. that guaranteed the saints the postseason. phil: tonight's gain, giants and cowboys, and the fact that the arizona cardinals, i am so impressed. they go into games, they're like the 49ers, the denver broncos, they go in there and beat you up. referee: offense, five-yard penalty, still second down. phil: you look at the arizona cardinals and the guy who's catching my attention, their defensive coordinator, from the pittsburgh steelers. what they're doing, they play hard.

they're doing it, too. their quarterback, kevin kolb has been out. jim: second down and 12. flynn along the sideline, out of bounds. jones in the area. the biggest concern coming out of this for the packers will be the reports, once the game's over, on greg jennings. all they've told us so far, knee injury, nothing more than that. but he was sitting in a cart, taken to the locker room. grimacing on the sideline for quite a while, in considerable pain, it appeared. phil: samson satele, the center, coming back. when you score 36 points in an nfl game, hard to do, you said

it, though, jim, the story's going to be greg jennings. jim: to the 26. that will be fourth and 4 coming up. that was an eight-yard run. good time to be buying stock in the green bay packers about right now, wouldn't you say? phil: i think it's always a good time to be doing that. jim: the only publicly owned franchise in professional sports. back in 1922 some local organizers moved to cancel the $2,500 debt of the packers founder. became a nonprofit corporation way back when in the 1920's. masthay. by the way, they had their

fifth offering on tuesday of this week. there's the original stock. there's what five shares looked like right there. five shares on the right, certificate number 31. one of the originals. $5 each. you wondering about the new one? there you go. so, tuesday they put another 250,000 shares offered to the public. there's an owner. phil: there he is. he's an owner. no question. jim: they thought it would take them until the end of february to sell them out. at $250 apiece for one share. that was on tuesday. by thursday they had sold 188,000 of the 250,000. palmer able to ditch it to cartwright. tripped up at the 41. by burnett. phil: i'm going to say this, do you know what i'm going to do tomorrow morning? i'm going to go online and buy

me a share. jim: you can call the games and be an owner? phil: sure. you can do anything. jim: next time we do a green bay game, will you be in the booth or on the sideline? phil: i'll be on the sideline, second guessing the coach. jim: out to the 50. phil: oh, man. come dressed up for the game. i always tell people this, they don't believe me. you can start these kickoffs in nfl games now and everybody gets in their seat about 30 seconds before kickoff. the stadium, when the packers came out for warmup, it was 80% full. jim: absolutely. they love their warmups. they love just sitting there watching everything that takes place. good hour before the game. 2:00 warning. [ male announcer ] dear nfl football. you inspire us. to do some crazy things.

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mark, how are you feeling sitting up there right now? a little bit shocked. mark, what do you think ford is doing right? well the technology of the ecoboost is what they've done absolutely right. did you have to trade in power for fuel economy? absolutely not, for the fuel economy and the power ... it's an amazing amount of power jim: coming out of the 2:00 warning with the raiders, the football at the 50.

they'll drop to 7-6 on the season. so green bay two wins from equaling the patriots' all-time record of 21 consecutive victories. three wins away from a 16-0 regular season and six victories away from perfection. you've seen a good reason why all that's very possible here today. phil: you know, we have, i think everybody there's no question about all the offensive -- of the offensive part of their football team. but i think we saw today, when the defense just corrects a few little errors, they were definitely motivated and embarrassed how they played last week. we saw what they can do, too. so i think that might be the most important thing besides greg jennings leaving this game . jim: palmer hit when he threw it, it's intercepted. it was a wobbler because he was hit when he threw it and shields has the interception.

phil: this green bay defense still continues to try to go after the quarterback and that's what you're going to do. if they're going to try to score, you just don't sit back and let them get what they want. that's zombo with the hit. causes the floater ball. jim: jones, too. phil: it is jones. jim: thatifies for carson, the most interceptions ever thrown in a game in his professional career. his fourth. and the packers will take to the victory formation. and tonight on cbs, "60 minutes" with the interview with president obama coming up. followed by the season finale of "the amazing race," the all new "the good wife," and "csi miami -- "csi: miami" tonight only on cbs. palmer and the raiders will

hope to have the full arsenal back for the last three games of the season with ford and moore and especially mcfadden, maybe all coming back next week for the detroit game. the executive producers of the nfl on cbs, sean mcmanis and harold bryant. today's game was directed by mike arnold. the director of the nfl today, coordinating producer of cbs sports and the associate directors of today's game.

jim: a happy birthday to tom and big ian cooperston. so 46-16 shellacking. 13-0 it is. partner, i will see you next week in the mile high city. phil: that's rye. -- that's right. jim: tim and tom. phil: tim and tom. it's going to be exciting. jim: or is it timmy and tommy? phil: either way. jim: ok. i'll see you there. 46-16 green bay. coming up next, "60 minutes" followed by the amazing race, "the good wife," "csi: miami." so long from green bay. you've been watching the nfl on you've been watching the nfl on cbs. guinea pig: row...row. they generate electricity, which lets me surf the web all day. guinea pig: row...row. took me 6 months to train each one, 8 months to get the guinea pig: row...row. little chubby one to yell row!

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captioning funded by cbs and ford-- built for the road ahead. >> kroft: on friday morning in the white house cabinet room, we sat down with president obama and questioned him about his record, the economy and his leadership. >> no matter how well we're steering the ship, if the boats rocking back and forth and people are getting sick, they're being buffeted by the winds and rain, at a certain point if you ask them are you enjoying the ride right now, folks are going to say no. and are they going to say do you think the captain doing a good job. people will say a good captain would have had us in some smooth waters and sunny skies at this point. >> kroft: even among some of your supporters, strongest supporters there is a sense, a little sense of disappointment. they think you've been too

cautious. that you have just -- >> as opposed to my critics who think i have been this radical socialist. >> warren buffett, america's second richest man is a household name. his son howard, not so much. and yet he's the person warren buffett wants to succeed him as chairman of berkshire hathaway, the megaholding company that buffett built. like his father, howard does not live the high life. in fact, he's a farmer who would rather dig up the ground than sit in a boardroom. >> are you sure he's your son. >> well, i think that's worth checking out. you'll have a big exclusive. >> i'm steve kroft. >> i'm lesley stault. >> i'm morley safer. >> i'm lara logan. >> i'm byron pitts. >> i'm scott pelley.

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>> kroft: after months of listening to attacks from republican presidential candidates and congressional leaders, president obama took off the gloves this past week and emerged in full campaign mode. it began with a major speech in the nation's heartland, with a vigorous defense of his economic policies directed at the middle class. and it spilled over into the white house press room with a contentious response to republican criticisms of his foreign policy. on friday morning, in the white house cabinet room, we sat down with the president and

questioned him about his record, his leadership, the economy and his prospects for reelection. we have a new cbs poll, which is out this weekend, and i'll give you the... the news that's good for you first. people like you, they respect you, they think that you're working hard. and... and they realize that you faced an enormous amount of trouble and problems, many of them inherited. and your approval rating is four times higher than the congress. ( laughs ) >> president barack obama: that's a low bar, i gather. ( laughs ) >> kroft: but they're not happy with the way you're doing your job. you've got 75% of the people in the country think it's headed in the wrong direction. 75%. and 54% don't think that you deserve to be reelected. i mean, those are not good numbers with 11 months to go before the election. >> obama: well, look, we've gone through an incredibly difficult time in this country, and i

would be surprised if the american people felt satisfied right now. they shouldn't feel satisfied. we've got a lot more work to do in order to get this country and the economy moving in a way that benefits everybody, as opposed to just a few. [nat sound kansas speech] ( "hail to the chief" plays ) >> kroft: on tuesday, we accompanied the president as he took that message to the middle of the country for what's been called the unofficial launch of his reelection campaign. in osawatomie, kansas, where theodore roosevelt unveiled the basic tenets of the progressive movement just over 100 years ago, president obama spoke out against the growing economic inequality he says is destroying the middle class. >> obama: this is a make-or- break moment for the middle class, and for all those who are fighting to get into the middle class, because what's at stake is whether this will be a

country where working people can earn enough to raise a family, build a modest savings, own a home, secure their retirement. >> kroft: the president, in laying out the broad themes for his reelection bid, said the system has been rigged against the middle class, and he blamed the republicans for fighting tougher regulations on the financial industry and opposing higher taxes for the wealthy. >> obama: their philosophy is simple: we are better off when everyone is left to fend for themselves and play by their own rules. i'm here to say they are wrong. ( applause ) steve. >> kroft: mr. president. >> obama: good to see you, sir. >> kroft: good to see you. we spoke to the president immediately following the 55- minute speech, which he wrote mostly himself, clearly drawing the battle lines for the next election. i mean, you were really talking about income inequality, which suggests redistribution of... of wealth. >> obama: i'm going to interrupt you there, steve. >> kroft: there are going to be people who say "this is the

socialist obama, and he's come out of the closet." >> obama: look, the... everybody's at... concerned about inequality. those folks in there who were listening to the speech, those are teachers and small businesspeople, and probably some small-town bankers, who are in there thinking to themselves, "how is it that i... we're working so hard..." and meanwhile they know that corporate profits are at a record level, that a lot of folks are doing very well. what's happened to the bargain? what's happened to the american deal that says, you know, we are focused on building a strong middle class? >> kroft: this is the class warfare you have been accused of by the republicans. >> obama: i... i... the... look, the problem is, is that our politics has gotten to the point where we can't have an honest conversation about the greatest income inequality since the 1920s. and we can't have an honest

conversation about the irresponsibility that resulted in the worst financial crisis since the great depression without somebody saying that somehow we're being divisive. no, we're being honest about what happened, and we've got to be honest about how we move forward. >> kroft: look, we're getting close to the start of the presidential campaign. does this mean no more governing for the next year until next november? i don't mean just for you; i mean, for congress. do you have any hope that anything is going to get accomplished between now and the next election? >> obama: if i have anything to do about it, absolutely. we're going to keep on pushing to get things done. i want to work with congress. i want to work with both parties in congress. i think that we can still make progress on a balanced approach to deficit reduction. what i'm not going to do is wait for congress. so, wherever we have an opportunity-- and i have the executive authority to go ahead and get some things done-- we're just going to go ahead and do them. >> kroft: after returning to

washington, he was even more combative when he was asked about republican charges that his foreign policy in the middle east is one of appeasement. >> obama: ask osama bin laden and the 22 out of 30 top al qaeda leaders who were taken off the field whether i engage in appeasement. or whoever's left out there, ask them about that. >> kroft: we talked to him about this new approach friday morning at the white house. since the midterm elections, you made an effort at bipartisanship. it hasn't worked out that way. and it seems to me, it... it appears, watching you the last month or so, that you're... stopped reaching out to republicans. that you're being... that you're going on the offensive... >> obama: well, i... look... >> kroft: ...and taking your message to the voters. >> obama: i think that when i came into office in 2008, it was

my firm belief that at such an important moment in our history, there was no reason why democrats and republicans couldn't put some of the old ideological baggage aside and focus on common sense, what works, practical solutions to the tough problems we were facing. and i think the republicans made a different calculation, which was, "you know what? we really screwed up the economy. obama seems popular. our best bet is to stand on the sidelines because we think the economy's going to get worse, and, at some point, just blame him." and so, we haven't gotten the kind of engagement from them that i would have liked. >> kroft: isn't it your job as president to find solutions to these problems, to get results, to figure out a way to get it done? >> obama: it... it... it is... it is my job to put forward a vision of the country that benefits the vast majority of americans.

it is my job to make sure that my party is behind those initiatives, even if sometimes it's breaking some china and going against some of the dogmas of our party in the past. we've done that on things like education reform. and it's my job to rally the american people around that vision. >> kroft: you say that you've rallied the country, but how? these poll numbers show otherwise. >> obama: steve, here's the thing: as long as the unemployment rate is too high and people are feeling under the gun, day in, day out, because their bills are going up and their wages and incomes aren't, or they're out of a job, they're going to feel unsatisfied. i mean, there... there's... there's no secret to this. if i can't get republicans to move partly because they've made a political, strategic decision that says "anything obama's for, we're against, because that's

our best chance of winning an election..." but, keep in mind, i'm talking about republican members of congress; i'm not talking about republicans around the country. >> kroft: they don't like you much better. it's only a 7% approval rating. >> obama: yeah. no, i understand. but i... but i think that they like the ideas that we put forward. i mean, the interesting thing is, the majority of republicans actually think we should have a balanced approach to deficit reduction, including tax increases for the wealthy. the majority of republicans do think that we should make investments in roads and bridges and improving our airports and... and investing in basic research and medical research. so, if you... if you take my name out of it and just look at the ideas that we've been presenting, these are common sense, mainstream ideas that republican presidents in the past have... have supported.

>> kroft: with the unemployment's 8.6%, you've still got soft consumer demand. you've got no business investment. there's still a fairly steady downturn in... in housing prices. do you see some hope? do you think that things are going to get better? well, do you think that you might have the unemployment rate down to 8% by the... by the time the election rolls around? >> obama: i think it's possible, but i... you know, i'm... i'm not in the job of... of... prognosticating on the economy. i'm in the job of putting in place the tools that allow the economy to thrive and americans to succeed. and, you know, keep in mind that when i came into office, eight million jobs were gone and things were cratering. six months later, the economy was growing again. and we've now had nine consecutive quarters, two and a

half years, in which the economy's grown. about nine months later, we were creating jobs again. so, does that make people feel better? no. you know, we did all the right things to prevent a great depression and to get the economy growing again and to get job creation going again, but it hasn't made up for the hole that was created in those six, nine, 12 months before my economic policies took effect. you know, sometimes when... when i'm talking to my team, i describe us as, you know, we're... we're... i'm the captain and they're the... they're the... the crew on a ship going through really bad storms. and it... no matter how well we're steering the ship, if the boat's rocking back and forth and people are getting sick and, you know, they're being buffeted by the winds and the rain and, you know, at a certain point, if you're asking, "are you enjoying the ride right now?," folks are going to say, "no."

and are they going to say, "do you think the captain's good... doing a good job?" people are going to say, "you know what? a good captain would have had us in some smooth waters and sunny skies at this point." and i don't control the weather. what i can control are the policies we're putting in place to make a difference in people's lives. >> kroft: there's a general perception that the stimulus was not enough, that it really didn't work. >> obama: let... let me stop you there, steve. first of all, there's not a general perception that... that the stimulus didn't work. you've got john mccain's former economist and a whole series of prominent economists who say that it created or saved three million jobs and prevented us from going into a great depression. that works. so that's not true. it is true that some people have argued, given the magnitude of the crisis we were in, we should have done an even larger recovery act. and then i'm bumping up against the realities of congress-- which is, this recovery act was

twice as large as most people thought was even possible. the recurring challenge is always going to be: even if we've done the right things, if people's reality right now is still difficult, they're going to be frustrated. and they should, because i'm frustrated. the question in the election... >> kroft: and they hold you equally accountable with the... with the congress. >> obama: and... and the question next year is going to be-- and this is how a democracy's supposed to work-- do they see a more compelling vision coming out from the other side? do they think that cutting taxes further, including on the wealthy, cutting taxes on corporations, gutting regulations, do we think that that is going to be somehow more successful? and... and if... if the american people think that that's a